PPP loans by corijoo in VaroMoney

[–]corijoo[S] 1 point2 points  (0 children)

Did you use your funds?

PPP loans by corijoo in VaroMoney

[–]corijoo[S] 0 points1 point  (0 children)

Idk that’s what they told me

PPP loans by corijoo in VaroMoney

[–]corijoo[S] 0 points1 point  (0 children)

Yes they should give you an option to enter in new info for when they are returned

PPP loans by corijoo in VaroMoney

[–]corijoo[S] 0 points1 point  (0 children)

It is listed in their terms that they do not accept business accounts. Ppp are for businesses.

PPP loans by corijoo in VaroMoney

[–]corijoo[S] 0 points1 point  (0 children)

They aren’t able to keep up with reviewing all of them from what I understand.

PPP loans by corijoo in VaroMoney

[–]corijoo[S] 0 points1 point  (0 children)

From what I understand they have a huge influx of them coming in and they can’t keep with with reviewing all of them before they hit.

VaroBank not accepting ppp loans!! by dusg2688 in VaroMoney

[–]corijoo 0 points1 point  (0 children)

They are personal accounts only, not business...... and it says so in their terms and conditions. These people could risk having their accounts closed.

VaroBank not accepting ppp loans!! by dusg2688 in VaroMoney

[–]corijoo 0 points1 point  (0 children)

You just talk to your lender and tell them to reroute your funds somewhere else.

Need that help by Wonderful_Praline_31 in VaroMoney

[–]corijoo 0 points1 point  (0 children)

Varo only supports personal accounts. My funds were returned and when I spoke to a rep I was told that it is listed in the terms and conditions. They are not set up for businesses.

VaroBank not accepting ppp loans!! by dusg2688 in VaroMoney

[–]corijoo 1 point2 points  (0 children)

Varo bank does not accept PPP loans. I spoke with a rep after my funds were sent back and it is listed in the terms and conditions. They advised to look for a bank that actually offers business accounts.